The Escrow Process in Costa Rica: Secure your Real Estate Purchase

Описание: Are you planning to buy real estate in Costa Rica? Understanding the escrow process is essential to protect your investment and ensure a smooth transaction. In this video, we sit down with the Escrow experts at Alianz Escrow (alianzescrow.com) to discuss everything you need to know about the escrow process for buyers in Costa Rica.

What You’ll Learn in This Video:

1️⃣ What is escrow, and why is it important in Costa Rica?
2️⃣ The step-by-step escrow process for real estate transactions.
3️⃣ How escrow protects buyers, sellers, and their investments.
4️⃣ Common mistakes to avoid when buying property in Costa Rica.
5️⃣ Why choosing a professional escrow company l
is essential.

00:00 introduction
02:21 Why do you need Escrow in Costa Rica
03:16 Prevent Cyber Fraud
03:30 Using a Secure Closing Platform
04:51 Opening an Escrow Account
06:36 Managing Documents in Escrow
08:07 Summary of Why Escrow in Costa Rica
08:29 The Escrow Agreement and Real Estate Purchase Agreement
10:52 Detailed Purchase Agreement to avoid disputes
12:32 Financial Compliance in Costa Rica
13:04 Money Laundering compliance
13:56 Source of Funds
14:57 Using Escrow in the United States
15:56 Sending funds to Costa Rica
17:01 Support services for local documentation
18:20 Timeline for opening Escrow
19:22 Preparing for Closing
20:45 Costa Rica recording system and ownership
22:02 Typical closing time frame
22:59 Escrow set up costs
24:35 Client support to smooth the closing process
25:08 Alianz Escrow contact information
25:33 Final words

Alianz Escrow is a trusted provider of escrow services for expats and international buyers purchasing real estate in Costa Rica.

📍 Visit Alianz Escrow: https://alianzescrow.com/
In Costa Rica: 506-8343-1342
From US: 1-832-797-1357

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For more information about Costa Rica visit. https://costaricalaw.com/

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